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Personal Guarantees

Personal Guarantees

When a company takes out a mortgage for purchasing or refinancing a property, the lender will usually ask the company directors to give a personal guarantee.  This is an additional layer of security for the lender – a “second bite of the cherry” should the company...
HMO Properties: What You Need to Know

HMO Properties: What You Need to Know

HMOs are popular investments for landlords and offer many benefits. However, they are more complex than standard buy-to-lets, with strict compliance rules. What does HMO mean in property? HMO stands for House in Multiple Occupation. HMOs are properties with multiple...